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grin007 [14]
2 years ago
12

Mike sells small-business health insurance programs, working on straight commission. Closing the sale is an extremely stressful

point in the selling process for him. If he does not close the sale, the most likely outcome will be
Business
1 answer:
Harlamova29_29 [7]2 years ago
6 0

If closing the sale is an extremely stressful point for him. If he does not close the sale, the outcome will be he will generate no income.

<h3>What is income?</h3>

Income can be defined as a the cash receive from the sales of goods and services.

Based on the given scenario in a situation were Mike did not close the sale for the day this will tend to mean that he will generate no revenue or income reason being that closing the sale will enables him to generate income.

Therefore the outcome will be he will generate no income.

Learn more about income here:brainly.com/question/25745683

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debit Rent Expense, $1,500; credit Prepaid Rent, $1,500.

Explanation:

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